Domino debate ramps up

The Domino sign

As the Domino Sugar factory redevelopment plan nears the end of its approval process, the debate between city officials and community activists over the project, which would transform the erstwhile sugar factory into a 2,200-unit apartment complex near the Williamsburg Bridge, is heating up, according to the New York Times. Those in support of the $1.4 billion project say that the 660 affordable units earmarked for the development will be a boon to the community, while opponents claim the area is already overbuilt. Developer CPC Resources has fended off recent claims that the project is more of a money-making machine than an altruistic endeavor — a secret report compiled by the Department of Housing Preservation and Development suggested that CPC stands to make more than $400 million from the project. [NYT]

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